Business

The Federal Reserve building seen on May 4, 2021 in Washington, USA.
December 11, 2025

Federal Reserve cuts key rate, signals higher bar for future reductions

The United States Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signalled that it may leave rates unchanged in the coming months. In a statement released…
Dr Blossom O’Meally-Nelson, chairman of JAMFIN.
December 10, 2025

Getting storm recovery aid to small entrepreneurs is complicated – JAMFIN

Providing support to the smallest of small businesses, even in a time of crisis, is not easy to do, even with the best of intentions. That’s because the population of microbusinesses span a gamut of…
Sangster International Airport in Montego Bay, St James.
December 10, 2025 by Steven Jackson

MoBay air travel traffic plummets by three-quarters in November

Sangster International Airport in Montego Bay recorded its steepest traffic decline since the onset of the pandemic, with total passengers plunging 73.4 per cent in November, compared with the same…
Minister of Tourism Edmund Bartlett.
December 10, 2025

Bartlett says no evidence of systemic rebookings away from Jamaica

The Jamaican government is hoping for a rebound in the travel market, which took a hit during and after Hurricane Melissa. “The winter season outlook remains broadly positive,” said Tourism Minister…
Persons mill around at the opening of the Church’s Texas Chicken fast-food eatery, at the opening of the franchise’s first store at Mall Plaza, Constant Spring Road, Kingston, on December 8, 2025.
December 10, 2025

Church’s Chicken to establish 10 restaurants, first now open

Quick-service restaurant chain Church’s Texas Chicken opened its first store on its return to Jamaica on Monday at the Mall Plaza in Kingston, with the operators stating that it will be the first of…
Business
December 10, 2025

PepsiCo to cut prices, eliminate products as part of a deal with an activist investor

PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor announced on Monday. The Purchase, New York-based company, which makes Cheetos, Tostitos and other…
In this handout photo provided by Microsoft, CEO Satya Nadella, left, shakes hands with Indian Prime Minister Narendra Modi during their meeting in New Delhi, India, on Tuesday, December 9, 2025.
December 10, 2025

Microsoft investing US$17.5b in India for AI, cloud infrastructure

Microsoft on Tuesday announced its biggest-ever Asia investment, amounting to US$17.5 billion, in India over the next four years to advance the country’s cloud and artificial intelligence…
Ricardo Hausmann
December 10, 2025

Hausmann and Gabay | Deeper into the public procurement goldmine

Governments have long recognised that innovation drives economic growth. To nurture it, they have created ministries, agencies, and incubators, offering grants, subsidies, and prizes to innovators…
The Warner Bros water tower is seen at Warner Bros Studios in Burbank, California, Friday, December 5, 2025.
December 9, 2025

Paramount goes hostile in bid for Warner Bros, challenging US$72b offer by Netflix

Paramount on Monday launched a hostile takeover offer for Warner Bros Discovery, initiating a potentially bruising battle with rival bidder Netflix to buy the company behind HBO, CNN and DC Studios,…